Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. Advertiser partners include American Express, Chase, U. Bank, and Barclaycard, among. This sounds like a fantastic deal, but you hesitate. Refurbished goods, also known as reconditioned or remanufactured goods, are products that another person has bought and then, for some reason, decided to return. Generally, prior to resale, an item is checked by the retailer or manufacturer for functionality, and minor adjustments or fixes may be made — perhaps it is given fresh packaging, or a new battery is placed in the product. Basically, all refurbished electronics are used — but not all used electronics are refurbished. The biggest advantage of buying refurbished electronics rather than new ones is the...